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Ravi Singh Godara

Real Estate Sales Person

ELIXIR Real Estate INC. Brokerage

Brokerage

905-226-7284

[email protected]

1065 Canadian Place #207Mississauga, Ontario L4W 0C2

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291 Front Street, Belleville, ON K8N 2Z6 · $788,900 | Bizmonk

Home Belleville Investment for sale291 Front Street

11mo ago

$788,900For Sale

291 Front Street, Belleville, ON K8N 2Z6

Belleville Ward · Hastings · ON

MLS® Number: X12078365

Listing Brokerage: ROYAL LEPAGE PROALLIANCE REALTY

4000 sq. ft.

Investment

0 Parking

Property Details

Looking for a turn-key investment property in the heart of downtown Belleville? Welcome to 291 Front Street a well-maintained, fully tenanted two-storey building offering a solid addition to any real estate portfolio. The main level features a reliable, long-term commercial tenant, while the second floor includes two beautifully finished one-bedroom apartments. Total yearly rental income of $82739.40. Landlord expenses include property taxes, insurance, and water/sewer services which come to approx13093.90 leaving an impressive net income of $69,645.50 and 8.8% cap rate.

Directions: Front Street & Victoria Avenue

Cross Street: Front Street & Victoria Avenue

Business Details

Status : Active

Property Type : Commercial

Property Sub Type : Investment

Style : -

Building Area : 4000 sq. ft.

Zoning : -

Lot Size : 23.041 x 94.625 Feet

Lot Shape : -

Exposure : -

Occupancy : Tenant

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Ravi Singh Godara

Ravi Singh Godara

905-226-7284

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